The Europe Semiconductor Materials Market size is estimated at USD 5.72 billion in 2024, and is expected to reach USD 7.28 billion by 2029, growing at a CAGR of 4.94% during the forecast period (2024-2029).
Semiconductor materials represent one of the significant innovations in the electronics industry. By employing materials such as silicon (Si), germanium (Ge), and gallium arsenide (GaAs), electronics manufacturers have been able to replace traditional thermal devices that made electronic items heavy and non-portable.
The European semiconductor materials market is reasonably competitive and consists of several major players. The market appears to be moderately concentrated. The market poses high barriers to entry for new firms. New entrants must be content with high capital requirements, while the technology-intensive nature of the market makes it imperative for market players to closely track technological developments.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook